We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon
Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
I'm new to this thread and relatively new to AATT...but the way the stock is moving I may not stick around. I can't find any news to explain what looks like almost panic selling today. Down almost another 10% with over 140,000 share traded at 12 pm Monday.
No other message boards I've checked seem to understand either. Anyone here have any thoughts???
The delay announced by INTEL was PRECEDED by the info that AATT had lost that business to fuji. The delay kind of negates the effect of that loss for a year. A lot can happen in a year to change all of that around. The market is correcting, and AATT was apparently over bought. I doubt it was this much over bought, but the stock was well advanced over the past 12 months. Scary though isn't it?
I am missing something here, I cannot find the news that preceded INTC's announcement. What gives? Was it loss of all of INTC business or just OEM contracts that will deal with laptops since this was what I thought was discussed previously? I bought more at 23 1/2 at 15:45 and still feel we are oversold with the general market and NASDAQ getting killed.
Aaron--This was limited to the laptop situation. No other business was mentioned. I do not recall where the article was but I think it was a newswire release. You probably made the right move buying more at that level.
DoubleD; Try this one, sorry about the first one. investor.msn.com The complete link would not come over in blue. You'll have to write it down or print it out or copy direct to the url address. url ends with "1998/06/02.BW1433"